Bancorp of New Jersey Inc (NYSEMKT:BKJ) Director Jay Blau sold 1,000 shares of Bancorp of New Jersey stock in a transaction on Saturday, September 9th. The stock was sold at an average price of $17.50, for a total value of $17,500.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Jay Blau also recently made the following trade(s):

  • On Friday, September 8th, Jay Blau sold 100 shares of Bancorp of New Jersey stock. The stock was sold at an average price of $17.25, for a total value of $1,725.00.

Bancorp of New Jersey Inc (NYSEMKT BKJ) traded up 0.29% during mid-day trading on Wednesday, hitting $17.55. The stock had a trading volume of 4,676 shares. Bancorp of New Jersey Inc has a one year low of $10.50 and a one year high of $18.30. The firm’s 50-day moving average price is $17.55 and its 200 day moving average price is $16.40. The company has a market cap of $117.71 million, a PE ratio of 28.96 and a beta of -0.01.

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Separately, ValuEngine upgraded Bancorp of New Jersey from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Bancorp of New Jersey by 28.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 19,427 shares of the financial services provider’s stock worth $325,000 after purchasing an additional 4,355 shares during the period. Vanguard Group Inc. grew its holdings in shares of Bancorp of New Jersey by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 49,690 shares of the financial services provider’s stock worth $829,000 after purchasing an additional 1,036 shares during the period. Finally, Sei Investments Co. purchased a new position in shares of Bancorp of New Jersey during the 2nd quarter worth $2,065,000.

About Bancorp of New Jersey

Bancorp of New Jersey, Inc is a bank holding company for Bank of New Jersey (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations and governmental units.

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